With 189 member countries, staff from more 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

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The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.

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Global data and statistics, research and publications, and topics in poverty and development

We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.

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The economy grew modestly by 2.4% in the first half of 2017, and poverty remains higher than pre-crisis levels. Boosting economic growth to 4% or more in the next two years is critical to reducing poverty and improving living standards.

Reforms are needed to accelerate growth, address fiscal and external vulnerabilities, and improve living standards of people.

Ukraine At-A-Glance

Ukraine has experienced acute political, security, and economic challenges during the past three years. Since the “Maidan” uprising in February 2014 that led to the ousting of the previous president, the country has witnessed several momentous events, including the outbreak of conflict in eastern Ukraine and presidential, parliamentary, and local elections.

Ukraine in Figures

Ukraine’s economy grew by 2.3 percent in 2016 after around 16 percent cumulative real GDP contraction in the previous two years. The recovery was supported by a bumper harvest and a pickup from low levels in manufacturing, construction, and key services. The poverty rate remained elevated in 2016, but declined slightly relative to 2015 levels due to lower inflation and higher wages. The economic outlook is modest given significant headwinds related to the conflict and trade blockade in the east of Ukraine. Sustainable recovery is contingent on renewed structural reform momentum. Read more...